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Real Estate Prices & Overview

Arlington Heights Northeast median real estate price is $1,808,926, which is more expensive than 88.1% of the neighborhoods in California and 97.7% of the neighborhoods in the U.S.

The average rental price in Arlington Heights Northeast is currently $2,650, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.9% of California neighborhoods.

Arlington Heights Northeast is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Arlington Heights Northeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Arlington Heights Northeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

In Arlington Heights Northeast, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 87.1% of all neighborhoods in the U.S. This means that the housing supply in Arlington Heights Northeast is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Los Angeles, the Arlington Heights Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The real estate in the Arlington Heights Northeast neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 72.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.6% of American neighborhoods.

People

With a nice mix of college students, safety from crime, and decent walkability, the Arlington Heights Northeast neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.5% of the neighborhoods in CA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Arlington Heights Northeast neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 57.7% of this neighborhood's residents have Asian ancestry.

Arlington Heights Northeast is also pretty special linguistically. Significantly, 45.6% of its residents five years old and above primarily speak Korean at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Arlington Heights Northeast neighborhood has a greater percentage of residents born in another country (57.1%) than are found in 98.9% of all U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Arlington Heights Northeast neighborhood in Los Angeles are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.3% of U.S. neighborhoods. In addition, 3.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 69.6% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Arlington Heights Northeast neighborhood, 46.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 26.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.8%), and 13.7% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Arlington Heights Northeast neighborhood is Korean, spoken by 45.6% of households. Other important languages spoken here include English and Spanish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Arlington Heights Northeast neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (57.7%). There are also a number of people of Mexican ancestry (8.1%), and residents who report Sub-Saharan African roots (6.7%), and some of the residents are also of African ancestry (4.0%), along with some British ancestry residents (1.1%), among others. In addition, 57.1% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Arlington Heights Northeast neighborhood spend between 30 and 45 minutes commuting one-way to work (37.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (59.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (8.0%) and 7.9% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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